Russia, China switch to national currencies

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News Date: November 18, 2022

Russia and China switch to settlements in national currencies for energy supplies.
Russia, China switch to national currencies in payments for gas, says a senior official.
Russia, China also actively switching to national currencies for payments of oil supplies, and products, says the deputy prime minister.
Sources: aa.com

Gold has the historic value

Russia holds world's fifth-largest gold & foreign currency reserves.
Russia has reached a historic record in international reserves, ranking fifth in the world after China, Japan, Switzerland, and India, the Accounts Chamber said after an audit of the country's gold and foreign exchange holdings.
Gold proves its intrinsic value over time, as a hoard of Roman gold coins recovered from the seabed.
The horde was identified after two amateur free divers discovered coins in the bay of Portitxol in Xabia.
Sources: www.heritagedaily.com

Developing the BRICS currency

BRICS Group Works On A New Form Of Currency, looking At Basing Financial Reserves On A Basket Of Their Own Currencies.
State Duma Deputy Chairman Alexander Babakov said Thursday the BRICS alliance is actively engaged in developing its own currency and is set to present its proposals at the upcoming summit in August.
Putin suggested a new global reserve currency backed by hard assets and BRICS countries accumulated a great amount of gold.

BIG details are going to be revealed

President Donald J. Trump Announces Intent to Appoint Individuals to Key Administration Posts and issued a Memorandum on the Attorney Generals Authority to Use Classified Information in Connection with Review of Intelligence Activities, on December 22, 2020.
Also, the U.S. Secret Service tweeted this: You better watch out... someone is coming. [Santa Claus] Stay tuned for a special holiday announcement tomorrow.
Sources: www.whitehouse.gov, www.whitehouse.gov, twitter.com

BRICS to achieve a safer and more harmonious world - Putin

At the BRICS parliamentary forum held in St Petersburg, Russian President Vladimir Putin emphasized the pivotal role of BRICS nations in fostering a safer and more harmonious global environment.
In his address on Thursday, Putin highlighted the collaborative potential of BRICS to contribute significantly towards global peace and stability.
He underscored the importance of mutual cooperation and collective efforts among BRICS countries to tackle global challenges, promote economic development, and ensure a balanced world order.
"We will be able to achieve the maximum implementation of the economic, investment, technological, and human potential of our countries, and strengthen the constructive influence of BRICS on global processes," he said.

Trump vows to End Taxes on Overtime

Donald Trump announced the extension of his tax cuts program during a rally in Tucson, Arizona, following his recent pledge to end taxes on tips.
"As part of our additional tax cuts, we will end all taxes on overtime";
"The people who work overtime are among the hardest working citizens in our country";
"When you pass 40 hours a week, your overtime hours will be tax-free", Trump said.